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El AL Israel Airlines (XTAE:ELAL) ROE % : 111.50% (As of Dec. 2024)


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What is El AL Israel Airlines ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. El AL Israel Airlines's annualized net income for the quarter that ended in Dec. 2024 was ₪1,911 Mil. El AL Israel Airlines's average Total Stockholders Equity over the quarter that ended in Dec. 2024 was ₪1,714 Mil. Therefore, El AL Israel Airlines's annualized ROE % for the quarter that ended in Dec. 2024 was 111.50%.

The historical rank and industry rank for El AL Israel Airlines's ROE % or its related term are showing as below:

XTAE:ELAL' s ROE % Range Over the Past 10 Years
Min: -30.08   Med: 51.18   Max: Negative Equity
Current: 252.37

During the past 13 years, El AL Israel Airlines's highest ROE % was Negative Equity%. The lowest was -30.08%. And the median was 51.18%.

XTAE:ELAL's ROE % is ranked better than
98.42% of 952 companies
in the Transportation industry
Industry Median: 8.645 vs XTAE:ELAL: 252.37

El AL Israel Airlines ROE % Historical Data

The historical data trend for El AL Israel Airlines's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

El AL Israel Airlines ROE % Chart

El AL Israel Airlines Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - Negative Equity Negative Equity 301.95

El AL Israel Airlines Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Negative Equity Negative Equity 310.61 243.12 111.50

Competitive Comparison of El AL Israel Airlines's ROE %

For the Airlines subindustry, El AL Israel Airlines's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


El AL Israel Airlines's ROE % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, El AL Israel Airlines's ROE % distribution charts can be found below:

* The bar in red indicates where El AL Israel Airlines's ROE % falls into.



El AL Israel Airlines ROE % Calculation

El AL Israel Airlines's annualized ROE % for the fiscal year that ended in Dec. 2024 is calculated as

ROE %=Net Income (A: Dec. 2024 )/( (Total Stockholders Equity (A: Dec. 2023 )+Total Stockholders Equity (A: Dec. 2024 ))/ count )
=1984.94/( (-686.7+2001.439)/ 2 )
=1984.94/657.3695
=301.95 %

El AL Israel Airlines's annualized ROE % for the quarter that ended in Dec. 2024 is calculated as

ROE %=Net Income (Q: Dec. 2024 )/( (Total Stockholders Equity (Q: Sep. 2024 )+Total Stockholders Equity (Q: Dec. 2024 ))/ count )
=1910.88/( (1426.195+2001.439)/ 2 )
=1910.88/1713.817
=111.50 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Dec. 2024) net income data. ROE % is displayed in the 30-year financial page.


El AL Israel Airlines  (XTAE:ELAL) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=1910.88/1713.817
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1910.88 / 12483.052)*(12483.052 / 15614.448)*(15614.448 / 1713.817)
=Net Margin %*Asset Turnover*Equity Multiplier
=15.31 %*0.7995*9.1109
=ROA %*Equity Multiplier
=12.24 %*9.1109
=111.50 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=1910.88/1713.817
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1910.88 / 2039.936) * (2039.936 / 2607.48) * (2607.48 / 12483.052) * (12483.052 / 15614.448) * (15614.448 / 1713.817)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.9367 * 0.7823 * 20.89 % * 0.7995 * 9.1109
=111.50 %

Note: The net income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


El AL Israel Airlines ROE % Related Terms

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El AL Israel Airlines Business Description

Traded in Other Exchanges
Address
PO Box 41, Ben Gurion Airport, Lod, ISR, 7015001
El AL Israel Airlines Ltd is an international airline company which provides air transportation of passengers and cargo in Israel and overseas, by means of passenger aircraft and cargo aircraft. The company's passenger aircraft mainly operate scheduled flights as well as charter flights. The group is engaged in activities related to the air transport operations, such as the sale of duty-free products, food production, and supply mainly to the company's aircraft, providing security services, ongoing maintenance services and overall maintenance services to aircraft of other airlines at Ben Gurion Airport, and managing travel agencies abroad. The reporting segments of the company are air transport on passenger aircraft, and air transport on cargo plane.

El AL Israel Airlines Headlines

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